The National Association of Hispanic Real Estate Professionals (NAHREP) has released an addendum to its 2020 State of Hispanic Homeownership Report on its website.
The report, which measures Hispanic homeownership by U.S. congressional district, now has an online tool that will be updated annually to allow for easy search and sorting of data across 343 congressional districts.
The NAHREP Hispanic Homeownership by Congressional District Tool includes each district’s median Hispanic income and Hispanic population as a percentage of overall population. It excludes any congressional district with a Hispanic population of less than 5 percent.
“Hispanic homeownership is vital to economic strength of local communities across the nation and is predicted by housing experts to account for 70 percent of homeownership growth over the next 20 years,” 2021 NAHREP President Sara Rodriguez said in a release. “NAHREP’s tool provides a never-before-seen view of Hispanic homeownership that can be useful to policy makers and housing advocates.”
The tool uses 2019 Census data. The latest data showed that excluding districts in Puerto Rico, the highest Hispanic homeownership rates (over 65 percent) mostly come from suburban neighborhoods in Arizona, Illinois and Texas. The lowest homeownership rates (below 30 percent) mostly come from urban neighborhoods in California, Massachusetts and New York.
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